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Digital transformation marks the demise of product innovation

Jeffrey Phillips

We like to refer to this point in the cycle as the "tipping point" - the point at which we can remain in stasis or the structures will collapse. For close to 20 years (dating approximately from when Jobs returned to Apple) we've been living in the product innovation era. Most companies don't innovate entirely new products.

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12 Types of Innovation You Should Know in 2021

IdeaScale

Social Innovation. Social innovation refers to both the new strategies, concepts and ideas innovated to meet the social needs of society (including, but not limited to, working conditions, education, health, and community development) as well as the social processes of innovation, including open innovation techniques.

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Product Innovation – What is it and how to do it right

Viima

People talk about product innovation every day without even realizing it. Whether they refer to their smartwatch and its latest features, the top performing cars or the latest app that helps them unwind, they bring up product innovation.

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What to innovate now

Jeffrey Phillips

From new medical devices to new banking products, to new consumer appliances and more, I've worked on a number of innovation projects in a wide range of industries. Over time, as innovation has matured somewhat, many innovation consultants began to reference Doblin's Ten Types model.

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8 Types of Innovation in Business: A Comprehensive Guide

Qmarkets

It’s the secret sauce that has transformed startups into tech giants and turned traditional businesses into market leaders. Innovation isn’t just about the next big idea; it’s a multifaceted strategy that businesses employ to navigate through the twists and turns of today’s dynamic markets.

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SNP Case Study Highlights Plan for Creating an Integrated, Global Workforce

IdeaScale

Product innovation moves companies forward. Business leaders constantly work to define new trends and increase the time it takes to get products out to customers. Dr. Andreas Schneider-Neureither, CEO and founder of SNP, is committed to ongoing product innovation and improvement.

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What Kind of Company is a Good Fit for Crowdsourcing?

IdeaScale

Sometimes these types of programs are referred to as internal market research where employees share customer insights company-wide and build on one another’s knowledge. There are a few Dick’s employees with the word “Innovation” in their title and even more employees that participated in this product innovation campaign.